News

Landmark Links January 31st – Equilibrium

  Lead Story…. Over the past couple of weeks, I’ve written about how a lot of capital available in the home building and development market today is a poor fit for where we are in the cycle.  I ended January 20th’s post that dealt with a lack of horizontal debt financing currently in the market by making […]

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Landmark Links January 27th – Growing Pains

  Lead Story… They say that a picture is worth a thousand words.  IMO, if that’s true, a good chart is worth at least 2,000.  The following chart, which I found on Calculated Risk was the basis for one of the main themes on the blog last year: the aging of the Millennial generation and it’s impact […]

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Landmark Links January 24th – Bad Development

  Lead Story… Some not-so-great-for-housing news over the past week or so, especially as it pertains to first time buyers.  One of the first things that the Trump Administration did after taking office was to suspended the previously announced FHA insurance premium cut that were due to take effect this year.  The cut would have resulted in a payment reduction […]

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RC HOBBS GETS FINANCING FOR 33-HOME COMMUNITY

Landmark Capital Advisors, a real estate capital advisory firm specializing in structured finance and private equity, announced a successful $9 million AD&C loan and JV Equity transaction in Rialto, CA. on behalf of the RC Hobbs Company, a long time successful private home builder in Southern California. “Working with the Landmark team of professionals was […]

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Landmark Links January 20th – Standoff

  Lead Story…. There is no task in real estate finance today more difficult than securing a horizontal development loan.  Home builder acquisition, development and construction loans have become quite a bit easier to find over the past couple of years, assuming that a builder has decent financials and is willing to sign a guarantee (non-recourse is […]

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Rates and Residential Real Estate

Over the past few years it’s become an annual rite of passage for various talking heads/economists/pundits/etc to make bold predictions that interest rates will rise in the coming year. In years past, this has been strictly a prediction – getting in front of the move before it happens, so to speak. This year, I’m more […]

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Landmark Links January 17th – Its All Relative

  Lead Story….. Just last week, I had lunch with an old friend/investor client of ours.  This is a person who has invested in dozens of small builder/developer equity deals (mostly residential but some commercial as well) in the current cycle.  The topics of recent deals and investment outlook for 2017 were discussed in depth.  There was […]

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Landmark Links January 13th – Divergence

  Lead Story… I’ve been writing about the inherent conflict in the housing market between economic growth and rising interest rates for a while now.  Today, I want to focus on an important divergence that is occuring.  This is the situation that we currently find ourselves in: Generally speaking it takes accelerating economic growth to, spur […]

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Specialized Properties Can Present Lending Challenges

SEBASTOPOL, CA—Loans in secondary markets can be challenging under the best of circumstances, but one that is not only located in a smaller city and for a specialized property can be doubly complex. Despite these obstacles, a property consisting of two full-scale production wineries, two breweries, a distillery, and complementary retail and industrial uses recently […]

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